Overview of Proposals in the AIFMD Draft Proposal
Below is a high level overview of anticipated proposals contained within the AIFMD Draft Proposal announcement. These proposals will be scrutinized by the European Council and the European Parliament before implementation into law. The objective of these proposals is to...
Overview of Anticipated Proposals for Change to AIFMD
Overview of Anticipated Proposals in the AIFMD Draft Proposal Below is a high level overview of anticipated proposals contained within the upcoming AIFMD Draft Proposal announcement. This document is for Brooklands internal reference. Delegation No significant changes are planned for...
FCA updates – October 2021
Topic: Investment Firms Prudential Regime final rules published Date: 22/10/21 Overview: The FCA have today made final rules to streamline and simplify prudential requirements for solo-regulated UK firms authorised under the Markets in Financial Instruments Directive (MiFID). This is part...
FCA enforcement – October 2021
Topic: NatWest Plc pleads guilty in criminal proceedings Subject of Enforcement: Natwest Bank PLC Date of Notice: 07/10/21 Overview: Today, National Westminster Bank Plc (NatWest) entered guilty pleas at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority...
FCA Guidance on Remote Working
Latest FCA Guidance on Remote or Hybrid Working Expectations for Firms What is the subject of the FCA Guidance and why has it been issued? On the 11th October 2021 the FCA issued guidance on the standards expected of...
FCA enforcement – September 2021
Topic: FCA prohibits IFA and mortgage adviser for fitness and propriety failings Subject of Enforcement: Mr Anthony George Date of Notice: 24th September 2021 Overview: The FCA has prohibited financial advisor Anthony George from performing any regulated activity in the financial...
FCA Updates – September 2021
Topic: FCA to move faster to remove unused firm permissions Date: 9th September 2021 Overview: The FCA has published draft guidance on a new power that allows it to move faster to remove regulatory permissions that are no longer being used by financial services firms. Incorrect or outdated permissions on the Financial Services (FS) Register can mislead consumers about the level...